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2017-08-22 08:09:42

CRM

Salesforce

$91.76

1 (1.10%)

08:09

08/22/17

08/22

08:09

08/22/17

08:09

Salesforce Q2 results likely to beat expectations, says BTIG

BTIG analyst Joel Fishbein, Jr says his checks with Salesforce's partners have convinced him that the company's Q2 results will beat expectations. The analyst says checks indicate that the company has a strong pipeline and stable pricing, and is benefiting from more "multi-cloud deployments and deeper penetration of the installed base." The analyst says the all of the company's "segments continue to show strength," while its ARPU continues to rise. He keeps a $100 price target and a Buy rating on the shares.

22

Aug

05

Sep

CRMSalesforce

$91.76

1 (1.10%)

08/21/17

RHCO

08/21/17NO CHANGERHCO

Salesforce Q2 results likely to beat expectations, says SunTrust

SunTrust analyst Terry Tillman expects Salesforce's Q2 results to beat expectations "based on well-balanced growth across (its) Sales, Service, Marketing and Platform businesses." Tillman thinks that the company will perform well in 2H18 due to seasonal billings strength, a number of "Event driven catalysts" including its Dreamforce conference, and the increased monetization of its "newer cloud products." He expects the company's fiscal 2019 results to significantly beat expectations and expects the stock to perform well in the second half of this year. He keeps a $110 price target and a Buy rating on the shares.

08/18/17

RBCM

08/18/17NO CHANGERBCM

Salesforce billings growth can beat expectations, says RBC Capital

RBC Capital analyst Ross MacMillan believes that Salesforce's Q2 billings growth will beat expectations, and he preidtcs that it will raise its full-year revenue growth guidance. The analyst is upbeat on the company's fundamentals and keeps an Outperform rating.

08/15/17

PIPR

08/15/17NO CHANGETarget $110PIPROverweight

Salesforce checks suggest another solid quarter, says Piper Jaffray

Piper Jaffray analyst Alex Zukin says his channel checks indicate Salesforce had another solid quarter. The company reports on August 22. He expects to see low 20% billings growth and a "typical conservative" implied low teens billings guidance for Q3. The analyst sees "multiple ways to win" and reiterates an Overweight rating on Salesforce with a $110 price target.

08/01/17

FBCO

08/01/17INITIATIONTarget $110FBCOOutperform

Salesforce initiated with an Outperform at Credit Suisse

Credit Suisse analyst Michael Nemeroff initiated Salesforce with an Outperform and a $110 price target as he expects continued market share gains across various cloud offerings over the next three years. Nemeroff expects significant operating cash flow from sustainable 20%+ revenue growth, numerous cross selling opportunities, and expense discipline and said company is well positioned to hit its $20B revenue target within the next four to five years.

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